How long does the bankruptcy process take?

The duration of the bankruptcy process varies depending on the type of bankruptcy filed. For Chapter 7 bankruptcy, which involves the liquidation of assets, the process typically takes about four to six months from the initial filing to the discharge of debt. On the other hand, Chapter 13 bankruptcy, which involves a repayment plan, often takes three to five years to complete. During this period, debtors must make regular payments to creditors as agreed upon in the repayment plan. The length of the bankruptcy process can also be affected by individual circumstances, such as the complexity of the case and the efficiency of the court system. It is advisable to consult with a bankruptcy attorney to understand the specific timeline for your case.